Greek Prime Minister Kyriakos Mitsotakis reaffirmed the government’s commitment to shielding citizens from rising costs, emphasizing that recent measures aim to bolster disposable income and mitigate the impact of inflation. Posting his weekly government activity update on social media, Mitsotakis highlighted the role of the tax reform unveiled at the Thessaloniki International Fair (TIF) as part of a broader strategy to strengthen households.
“These interventions, along with permanent increases in wages and pensions, represent the dividend of the economy’s strong performance and the surplus we are returning to society,” Mitsotakis said. He clarified that while these measures don’t eliminate inflation, they help buffer rising prices.
The government continues addressing price pressures through strict market inspections and competition-boosting initiatives, urging food producers and retailers to keep essentials affordable. For example, supermarket chains have pledged to cut prices on 1,000 items starting October 15.
Addressing energy costs, the prime minister noted that electricity prices are stabilizing for both households and businesses following a period of sharp fluctuations. “October bills will remain at September levels, which have already seen substantial reductions for most consumers,” he added, hinting at forthcoming support measures for energy-intensive industries.
Mitsotakis also touched on national defense, highlighting the recent restructuring of the armed forces and a robust procurement program. He stressed that salary increases and a major housing initiative for military personnel signal a “patriotic response” to domestic and international concerns. Notable plans include the acquisition of a fourth Belharra frigate, the modernization of three existing ships, and ongoing talks with Italy for an additional four FREMM frigates.
Turning to international affairs, the prime minister addressed developments in the Middle East. He welcomed Hamas’ recent announcements as a step toward resolving the hostage crisis, urging the immediate release of captives, an end to hostilities, and intensified humanitarian aid.
“Greece is ready to support diplomatic efforts for peace and the establishment of a new, sustainable governance framework in Gaza,” he said, reaffirming the goal of a two-state solution as the only path to lasting regional stability.
